'We are committed to finding out how this happened and taking appropriate actions.'
Bitwise Industries'"South Stadium" at 700 Van Ness Ave in Fresno opened in 2015, with three floors of office space in a converted automobile dealership.Jake Soberal and Irma Olguin Jr.
The termination of Soberal and Olguin Jr. was the next domino to topple as more information regarding the crumbling company and its financial troubles came to light. Ollen Douglass, a Bitwise board member since 2021 who will now serve as Bitwise’s interim president, said the board of directors voted to fire the co-founders as they conduct an investigation into the circumstances surrounding the company’s collapse.
“Unfortunately, the non-management board and I, like many of you, are finding out that the picture the company consistently communicated orally and in presentations, was not an accurate picture of the company’s financial health,” Douglass wrote in an email to employees on Friday night. “It is heartbreaking and disappointing on multiple levels, as you know.”
Bitwise was founded in 2013 as a coding bootcamp that eventually rented out coworking spaces and offices across the country, training thousands of workers in its mission to revitalize downtowns and bring tech jobs to underserved communities. It grew to raise $180 million in funding over the last decade, including an $80 million investment round led by the Motley Fool Foundation in February, the company’s largest yet.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
At least 207 killed and 900 injured in three-train crash in India | CNNMore than 200 people were killed and hundreds injured after multiple trains collided in India on Friday evening, according to a local official, in what has been described as a “violent” crash.
Leer más »
Indian train crash death toll jumps to 233, another 900 injuredAt least 233 people were killed and 900 were injured when two passenger trains collided in India's Odisha state, a government official said on Saturday, making the rail accident the country's deadliest in more than a decade.
Leer más »
At least 207 dead, 900 injured in massive train crash in Odisha, IndiaAt least 207 people were killed and 900 injured when two passenger trains collided in Odisha on Friday, according to government officials in the eastern Indian state, in India's deadliest rail accident in over a decade.
Leer más »
More than 200 killed, 900 hurt after 2 trains derail in IndiaTwo passenger trains derailed in India, killing more than 200 people and trapping hundreds of others inside more than a dozen damaged rail cars.
Leer más »
More than 230 killed, 900 injured in three-train crash in India | CNNMore than 200 people have been killed and hundreds injured in a collision involving two passenger trains and a goods train in the Indian city of Balasore, in one of the worst rail crashes in recent history.
Leer más »